Rama Steel (India) Price History

RAMASTEEL   12.30  0.12  0.97%   
Below is the normalized historical share price chart for Rama Steel Tubes extending back to August 24, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Rama Steel stands at 12.30, as last reported on the 2nd of December, with the highest price reaching 12.48 and the lowest price hitting 12.25 during the day.
200 Day MA
12.608
50 Day MA
13.411
Beta
1.018
 
Yuan Drop
 
Covid
If you're considering investing in Rama Stock, it is important to understand the factors that can impact its price. Rama Steel appears to be slightly risky, given 3 months investment horizon. Rama Steel Tubes maintains Sharpe Ratio (i.e., Efficiency) of 0.0723, which implies the firm had a 0.0723% return per unit of risk over the last 3 months. We have found thirty technical indicators for Rama Steel Tubes, which you can use to evaluate the volatility of the company. Please evaluate Rama Steel's Semi Deviation of 3.08, risk adjusted performance of 0.0633, and Coefficient Of Variation of 1392.85 to confirm if our risk estimates are consistent with your expectations.
  
At present, Rama Steel's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 1.6 B, whereas Sale Purchase Of Stock is projected to grow to (215.7 M). . Rama Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0723

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Estimated Market Risk

 5.0
  actual daily
44
56% of assets are more volatile

Expected Return

 0.36
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Rama Steel is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Rama Steel by adding it to a well-diversified portfolio.
Price Book
5.4384
Enterprise Value Ebitda
37.0543
Price Sales
2.0069
Shares Float
699.1 M
Wall Street Target Price
135

Rama Steel Stock Price History Chart

There are several ways to analyze Rama Stock price data. The simplest method is using a basic Rama candlestick price chart, which shows Rama Steel price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceSeptember 6, 202416.52
Lowest PriceOctober 25, 202411.94

Rama Steel December 2, 2024 Stock Price Synopsis

Various analyses of Rama Steel's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Rama Stock. It can be used to describe the percentage change in the price of Rama Steel from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Rama Stock.
Rama Steel Price Action Indicator(0.12)
Rama Steel Price Rate Of Daily Change 0.99 
Rama Steel Price Daily Balance Of Power(0.52)

Rama Steel December 2, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Rama Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Rama Steel intraday prices and daily technical indicators to check the level of noise trading in Rama Stock and then apply it to test your longer-term investment strategies against Rama.

Rama Stock Price History Data

The price series of Rama Steel for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 has a statistical range of 6.15 with a coefficient of variation of 11.21. The price distribution for the period has arithmetic mean of 13.52. The median price for the last 90 days is 13.72. The company completed stock split (3:1) on 19th of March 2024. Rama Steel Tubes had dividends distributed to its stock-holders on 2022-02-24.
OpenHighLowCloseVolume
12/02/2024
 12.41  12.48  12.25  12.30 
11/29/2024 12.41  12.48  12.25  12.30  8,073,081 
11/28/2024 12.41  12.70  12.30  12.42  12,438,410 
11/27/2024 12.29  12.71  12.15  12.41  15,137,543 
11/26/2024 12.19  12.34  12.08  12.23  7,490,419 
11/25/2024 12.30  12.40  12.10  12.17  10,341,461 
11/22/2024 12.07  12.29  11.89  11.97  13,417,657 
11/21/2024 12.22  12.22  11.95  11.98  11,779,635 
11/20/2024 12.29  12.29  12.29  12.29  1.00 
11/19/2024 12.15  12.60  12.11  12.29  14,316,285 
11/18/2024 12.38  12.45  11.68  12.09  20,752,474 
11/14/2024 12.66  13.00  12.66  12.84  14,441,788 
11/13/2024 13.05  13.20  12.51  12.62  17,076,639 
11/12/2024 13.20  13.35  13.00  13.07  12,952,072 
11/11/2024 13.54  13.65  13.07  13.20  13,023,069 
11/08/2024 13.94  14.01  13.45  13.59  13,298,946 
11/07/2024 13.85  14.40  13.80  13.89  24,033,807 
11/06/2024 13.89  13.89  13.50  13.75  17,206,604 
11/05/2024 13.45  13.65  13.11  13.43  19,062,187 
11/04/2024 14.05  14.15  13.21  13.32  20,271,879 
11/01/2024 13.88  14.35  13.77  14.04  9,757,650 
10/31/2024 13.57  14.40  13.50  13.66  49,150,326 
10/30/2024 12.59  13.57  12.27  13.57  44,241,198 
10/29/2024 12.25  12.43  11.86  12.34  24,523,429 
10/28/2024 12.00  12.22  11.67  12.10  22,928,333 
10/25/2024 12.32  12.40  11.70  11.94  22,045,876 
10/24/2024 12.70  12.75  12.20  12.27  14,674,745 
10/23/2024 12.41  12.78  12.20  12.56  23,427,674 
10/22/2024 12.86  13.12  12.26  12.41  27,356,368 
10/21/2024 14.00  14.00  12.55  12.96  21,886,732 
10/18/2024 13.60  13.90  13.31  13.74  15,214,378 
10/17/2024 13.82  14.04  13.61  13.71  14,149,934 
10/16/2024 13.99  14.09  13.80  13.93  12,591,737 
10/15/2024 14.20  14.28  14.01  14.05  13,221,680 
10/14/2024 14.55  14.57  14.05  14.20  14,227,791 
10/11/2024 14.34  14.58  14.21  14.36  18,080,950 
10/10/2024 14.48  14.58  14.16  14.26  14,211,838 
10/09/2024 14.58  14.70  14.28  14.43  22,841,151 
10/08/2024 13.70  14.50  13.41  14.31  31,903,746 
10/07/2024 14.29  14.61  13.34  13.72  36,862,799 
10/04/2024 14.62  14.74  14.02  14.28  23,485,205 
10/03/2024 14.35  14.92  14.15  14.62  32,394,496 
10/01/2024 14.50  15.03  14.48  14.84  25,284,688 
09/30/2024 14.90  14.94  14.30  14.48  27,048,377 
09/27/2024 15.49  15.49  14.75  14.90  39,998,755 
09/26/2024 14.18  15.71  13.87  15.31  90,292,727 
09/25/2024 14.90  14.95  14.00  14.29  36,494,248 
09/24/2024 14.95  14.95  14.60  14.84  34,490,073 
09/23/2024 15.38  15.38  14.75  14.89  46,250,446 
09/20/2024 15.50  15.72  15.01  15.24  59,961,674 
09/19/2024 16.09  16.22  14.95  15.40  101,597,084 
09/18/2024 15.89  16.32  15.28  15.99  135,026,766 
09/17/2024 16.38  16.47  15.50  15.66  113,300,440 
09/16/2024 16.47  16.93  15.90  16.14  151,091,377 
09/13/2024 16.19  16.96  15.50  16.25  219,983,207 
09/12/2024 16.16  16.78  15.56  15.97  136,983,930 
09/11/2024 14.36  15.48  14.36  15.48  170,136,193 
09/10/2024 14.30  14.74  13.56  14.08  133,648,075 
09/09/2024 16.85  17.55  14.86  14.86  229,706,842 
09/06/2024 14.74  16.64  14.44  16.52  454,915,538 
09/05/2024 11.89  13.87  11.84  13.87  404,372,065 

About Rama Steel Stock history

Rama Steel investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Rama is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rama Steel Tubes will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Rama Steel stock prices may prove useful in developing a viable investing in Rama Steel
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.3 B711.6 M
Net Income Applicable To Common Shares306.7 M322.1 M

Rama Steel Quarterly Net Working Capital

2.42 Billion

Rama Steel Stock Technical Analysis

Rama Steel technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Rama Steel technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rama Steel trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Rama Steel Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Rama Steel's price direction in advance. Along with the technical and fundamental analysis of Rama Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rama to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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When running Rama Steel's price analysis, check to measure Rama Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rama Steel is operating at the current time. Most of Rama Steel's value examination focuses on studying past and present price action to predict the probability of Rama Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rama Steel's price. Additionally, you may evaluate how the addition of Rama Steel to your portfolios can decrease your overall portfolio volatility.
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